Update Close of Markets for Friday 15th March 2013 The USD/CAD trade hit it's SL for total return on this trade of 2.42R I have opened no new trades this week, mainly down to problems with my computer. Since opening this journal I have entered ...

Mechanical Trading - Is it possible?

Hi MechoCola, I got into looking for a mechanical way to trade, higher TFs, because I was very frustrated with trading lower TFs, 15m mainly. I would spend all day waiting for the perfect setup I would then enter what I thought was a good trade only ...

Mechanical Trading - Is it possible?

Hi Raspie, I do look to re-enter, usually after a pull back in a trend I find the BB MACD or the SuperTrend will change colour and i look to enter again when the colour changes back to the colour of the prevailing trend. This is often a stronger ...

Mechanical Trading - Is it possible?

The SuperTrend Indicator is a Commodity Channel Index CCI set to 50. What I have done is to use a Multi Time Frame MTF CCI indicator loaded twice onto my charts one showing the 4h TF and one showing the daily TF. My reasoning for doing this is to ...

Mechanical Trading - Is it possible?

Just been stopped out on the final 25% still running on this trade from the 15th February for a over all return of 2.42R averaging 121 pips.

Mechanical Trading - Is it possible?

I trade from a Mac and use Parallels to run Windows 7 which in turn runs the trading platform. The problem is with running a trade management EA I need to keep my computer on to keep the EA running, well this week, after having my computer on ...

Mechanical Trading - Is it possible?

The past two weeks trading haven't been good (-7R) With work commitments this last week I have missed some profitable trades on GBP/USD and USD/JPY both peaking at over 200 pips . That's the problem with this type of trading you need to be able to ...

Mechanical Trading - Is it possible?

Update Close of Markets for Friday 8th March 2013 Entered one AUD/JPY sell trade (-1R) Entered one EUR/GBP sell trade (-1R) Entered two AUD/USD buy trades (-2R) Entered one AUD/USD sell trade (-1R) USD/CAD Trade is still running with 25% in tact and ...

Mechanical Trading - Is it possible?

Stop Loss hit (-1R)

Mechanical Trading - Is it possible?

Trade No: 13 AUD/USD Long

Mechanical Trading - Is it possible?

Stop Loss hit (-1R)

Mechanical Trading - Is it possible?

Stop Loss hit (-1R)

Mechanical Trading - Is it possible?

Trade No: 12 AUD/USD Short

Mechanical Trading - Is it possible?

AUD/USD Trade hit it's SL (-1R)

Mechanical Trading - Is it possible?

Trade No. 11 AUD/USD Long I set an alarm to go off 5m before the 4h candles turns over; I have turned the 4am (3am GMT) alarm off because I haven't been able to get back to sleep, that's why the entry was slightly late. I'm not going to be around to ...

Mechanical Trading - Is it possible?

[/COLOR] I exited the AUD/USD trade for +110 pips +0.55R for a total return of +1.62R

Mechanical Trading - Is it possible?

Hi Pkmnyc, I'm watching it.

Another simple system - Time-Frame 15

Hi Flaviu, I'm watching EUR/USD AUD/USD GBP/USD EUR/GBP USD/CHF USD/CAD NZD/USD AUD/JPY EUR/JPY USD/JPY If I'm in more than one trade I have to be careful not to be trading against myself, for example Buying the USD for one trade and Selling it on ...

Another simple system - Time-Frame 15

Hi Cristol, I have looked at this on the 15m TF and there are times when it works well and others when there is far to much chop, I like to stick with the 4h charts. As far as money management goes it very much a personnel thing, I'm getting on well ...

Mechanical Trading - Is it possible?

Stopped out on AUD/JPY for (-1R). This one got to +34 pips before turning around but my plan is to move my SL to BE after I'm up the same distance as my SL, which is 50 pips. Once you have a plan it's important to stick with it, if you don't you had ...

Mechanical Trading - Is it possible?